ISLAMABAD: The Special Investment Facilitation Council’s (SIFC) Apex Committee expressed great pleasure with the organization’s overall progress on Friday and praised the “Whole of Government Approach” in achieving the desired benefits.
Under the direction of Caretaker Prime Minister Anwaar-ul-Haq Kakar, the SIFC Apex Committee convened for its ninth meeting, at which time it assessed a number of initiatives being led by the forum.
High-ranking government officials, the federal cabinet, chief ministers of provinces, and the Chief of Army Staff were present at the meeting.
The ministries provided updates on policy initiatives and project status, as well as plans for future efforts to draw in investment.
The Apex Committee evaluated the status of several initiatives and recognized the efforts made to enhance the macro and microeconomic aspects of the national economy.
The body praised the efforts made to create a sustainable ecosystem that will nurture latent potential and draw investments, putting particular emphasis on cross-sectoral policy interventions, the development of human resources, the improvement of infrastructure, and the fortification of domestic dispute resolution mechanisms.
The Committee underlined the necessity of effectively converting investment pledges into economic dividends and examined and acknowledged the advancements made in the area of economic contacts with friendly nations.
In addition, the FBR Reforms and Strategic Canals Vision 2030 received first approval from the Apex body. The Chief of Army Staff pledged that the Pakistan Army will resolutely back government efforts aimed at promoting the nation’s economic stability and socioeconomic welfare.
Ultimately, the prime minister expressed gratitude to SIFC, ministries, agencies, and other stakeholders for helping the interim administration achieve significant economic milestones and set the standard for future endeavors.
In the greater interest of the nation, he further asked the next administration to capitalize on the favorable momentum created by SIFC in order to guarantee the continuation of economic policies.